What If I Engage in a Prohibited Transaction. If you engage in a “prohibited transaction,” as defined in Section 4975 of the Internal Revenue Code, your account will be disqualified, and the entire balance in your account will be treated as if distributed to you and will be taxable to you as ordinary income. Examples of prohibited transactions are:
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Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement
What If I Engage in a Prohibited Transaction. If you engage in a “prohibited transaction,” as defined in Section 4975 of the Internal Revenue Code, your account will be disqualified, and the entire balance in your account will be treated as if distributed to you and will be taxable to you as ordinary incomecould lose its tax-favored status. Examples of prohibited transactions are:
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Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement
What If I Engage in a Prohibited Transaction. If you engage in a “prohibited transaction,” as defined in Section 4975 of the Internal Revenue Code, your account will be disqualified, and the entire balance in your account will be treated as if distributed to you and will be taxable to you as ordinary income. Examples of prohibited transactions aretransactionsare:
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Samples: Custodial Account Agreement
What If I Engage in a Prohibited Transaction. If you engage in a “prohibited transaction,” as defined in Section section 4975 of the Internal Revenue Code, your account will be disqualified, and the entire balance in your account will be treated as if distributed to you and will be taxable to you as ordinary income. Examples of prohibited transactions are:
Appears in 1 contract
Samples: www.rwbaird.com